The Impact Real Estate Podcast with Chris Papa is the place where we connect you with the most innovative and exciting real estate leaders today. We will show you there are numerous paths to a successful career in the real estate industry and how some of your greatest missteps can be turned into your greatest triumphs.
Season 3, Episode 14 - Impact Real Estate with Arden Sokolow, EVP of Affordable Housing at Douglaston
On this episode of the Impact Real Estate Podcast with Chris Papa, we had an amazing and uplifting story of triumph. We welcome Douglaston Development's Executive Vice President of Affordable Housing, Arden Sokolow, who tells us her story of overcoming homelessness as a child to lead an affordable housing portfolio of more than 7,500 units. She also guides us through the competitive world of affordable housing in New York. It's an episode you do not want to miss.
02:10 - What is Douglaston Development?
05:03 - Building partnerships
07:03 - New York Affordable Housing is the strongest
09:33 - Leaving no resources on the table; Biden's focus on public housing
11:48 - Getting an affordable deal done in New York
14:20 - Born for affordable housing
18:55 - Deep connections at HUD
21:13 - Skillsets: Understanding of policy but a knowledge of how things work
23:05 - The future of affordable housing in New York
25:56 - Homelessness and its causes
27:01 - Responding to the pipeline
28:31 - The Hot Seat presented by KK Reset
Arden joined Douglaston Development as the Executive Vice President, Affordable Housing. Prior to joining the company, Arden was the Chief of Staff at The New York City Housing Authority from May 2018 to 2019. During that time, she was in charge of negotiating agreements with the United States Attorney’s Office and the U.S. Department of Housing and Urban Development regarding NYCHA compliance issues, as well as leading the creation of the NYCHA 2.0 plan to raise $24B for the authority. Arden has held diverse roles at the City, State and Federal level.
Arden served as the Regional Director for Multifamily Housing at HUD, Managing Director for Housing Programs at the NYS Governor’s Office of Storm Recovery and held a wide variety of positions at the NYC Department of Housing Preservation and Development. There, she lead the Inclusionary and Tax Incentive Programs and created the Distressed Assets Program to address the housing impact of the 2008 financial crisis.
Season 3 Episode 13 - Impact Real Estate with Jeff Brenner, CEO at Impact Community Capital
On this episode of the Impact Real Estate Podcast, we welcome the CEO and President of Impact Community Capital, Jeff Brenner. Jeff tells the story of how an initial two-year plan turned in a career in affordable housing that now spans 30 years! He also takes us through the ins and outs of being a CEO and the importance of diversity in the workplace and in sourcing new investors. It's double the IMPACT this week on the Impact Real Estate Podcast.
01:20 - What is Impact Community Capital?
03:00 - The secret sauce
04:!6 - Community experts
06:03 - Trying to do something positive
09:28 - Investments backed by real estate
11:25 - The evolution of Impact
13:22 - An investment thesis
17:02 - Motivated from the very beginning
19:16 - Keep the organization focused on the big picture
20:50 - Calculating social impact
24:26 - Building a diverse team; Focus on broad range of experiences
27:28 - The Hot Seat presented by KK Reset
Jeff joined IMPACT in 2012 as Chief Investment Officer. In 2016 he was named interim President following retirement of the company’s founding CEO and became President & CEO in 2017. He leads the senior management team in developing and implementing the strategic direction of the company and is responsible for creating and communicating the organization’s mission, vision, values and brand. Jeff has 30 years of experience in financial services and capital markets, including 23 years in impact investing. Prior to joining IMPACT, Jeff served as Chief Financial Officer for Capital Impact Partners, one of the nation’s largest Community Development Financial Institutions.
Season 3, Episode 12 - Impact Real Estate with Daniel Weisfield, co-founder of Three Pillar Communit
On this episode of the Impact Real Estate Podcast, we have an enlightening conversation with Daniel Weisfield, the co-founder of Three Pillar Communities -- a values-driven real estate investment company that acquires, operates, and develops manufactured housing communities. Daniel takes us through his journey in real estate, telling us along the way how and why he fell in love with mobile home parks. He also tells us how the space has evolved over the years and why it's an amazing growth opportunity now more than ever.
01:26 - Top 50 Mobile Park owners
02:15 - The dream of a 5-year-old kid
04:01 - Redefining "trailer parks"
06:36 - Our own little city
08:07 - "The tides are turning..."
11:18 - Some of the hottest assets to buy ... period.
13:20 - Highly incentivized
17:08 - Growth demographics
18:47 - Competing with the big boys
23:30 - The next level
25:55 - Key skill sets
28:43 - The Hot Seat presented by KK Reset
Daniel is a third-generation mobile home park investor. His grandfather immigrated to the United States, saved money by fixing cars in his backyard, and eventually bought a mobile home park. Daniel is a licensed manufactured home dealer in four states and believes manufactured housing is the best way to create affordable communities that residents are proud to call home. Daniel has a J.D. and M.B.A from Yale. He previously worked as a management consultant at McKinsey & Company.
Season 3, Episode 11 - Impact Real Estate with Jesse Vaughan, co-founder of Landed
On this episode of the Impact Real Estate Podcast, we take a trip from So Cal to Myanmar to the Bay Area and into Oregon with the co-founder of Landed, Jesse Vaughan. Jesse talks to us about learning real estate from his grandfather to his travels of Southeast Asia that fueled his passion for real estate to starting a company helping essential workers build wealth in order to help people free themselves from fear. It's an inspiring episode of the Impact Real Estate Podcast you do not want to miss.
04:24 - What is Landed?
05:40 - Dividing the challenge
09:08 - An interest in Asia
12:15 - Cutting teeth in Myanmar
16:40 - Grandfather-taught
19:20 - Coming back to the U.S. with a question ...
23:51 - Transparency and a housing problem
28:25 - The process
31:10 - Monetization and more support
35:42 - The next five years
Jesse believes in the power of building wealth to help people free themselves from fear. Money may not buy happiness, but confidence that one can feed and house their family is vital to feeling secure. Prior to returning to his home state of California, Jesse was based in Yangon, Myanmar where he helped to arrange $300M of social impact investments. Jesse holds a bachelor’s degree in Economics from New York University, and in 2018, he was listed in Forbes 30 Under 30.
Season 3, Episode 10 - Impact Real Estate: Kent Colton, President of the Colton Housing Group
On this episode of the Impact Real Estate Podcast, we're truly honored to have a legendary voice, scholar and influencer in the housing space -- Kent Colton, President of the Colton Housing Group. We have an enlightening and informative conversation about the current state of housing affordability and how Kent's work with the Ivory Prize of Housing Affordability is blazing a new trail in different housing categories. We also talk housing policy, about the good old days, and Kent also offers up the best answer to date in the Hot Seat, presented by KK Reset.
We say this a lot, but truly, this is an episode you do not want to miss.
02:10 - The Ivory Prize for housing affordability
05:13 - Removing barriers in regulation
07:06 - Factory-built housing
11:30 - Making housing work for renters
13:02 - Home Partners of America
14:20 - From Utah to MIT
15:52 - The housing shortage stage and other trends
21:08 - Real divisions
24:00 - The good old days? Coming out of WWII ...
29:57 - The government's role
31:55 - Look around your community
35:22 - The Hot Seat presented by KK Reset
Kent serves as a Senior Research Fellow at the Harvard Joint Center for Housing Studies and is the President of the Colton Housing Group. He has 30+ years of experience as a housing scholar and expert in the field of mortgage finance and affordable housing policy.
He was the CEO of the National Association of Home Builders, a position he held from 1984 to 1999. He previously served as an Executive Vice President of Freddie Mac for Policy, Planning and Economic Research. He was a member of the Millennial Housing Commission, and Staff Director of the President's Commission on Housing. He was a White House Fellow in 1974-1975. He was a Professor at Brigham Young University's Graduate School of Management, and Associate Professor at the Massachusetts Institute of Technology Department of Urban Studies and Planning.
Kent has written numerous articles and books on housing finance, housing policy, the secondary mortgage market, and a range of management issues, and is the author of Housing in the Twenty-First Century: Achieving Common Ground.
Season 3, Episode 9 - Impact Real Estate with Ian Wiesner of Capital Impact Partners
On this episode of the Impact Real Estate podcast, we visit with Ian Wiesner, the Director of Business Development at Capital Impact Partners. Find out what innovative tool CIP has for raising captital, what class at the University of Michigan inspired Ian’s career path and what Ian recommends if you wish to follow his career trajectory. It’s another can’t-miss episode of the most impactful real estate podcast out there.
02:05 - What is Capital Impact Partners?
04:42 - Innovated tool for raising capital
05:49 - People on the ground and a knowledge of the market
08:01 - “Coapetition”
09:30 - Sourcing transactions
10:35 - Micro finance; From Michigan to Yale
15:45 - Additional exposure
17:49 - Point of entry; The career trajectory
21:34 - Created by an act of congress
24:14 - The next step
27:12 - Projections are not predictions
28:42 - The Hot Seat presented by KK Reset
Top Shelf Podcast
Chris is informative, funny, and easy to listen to. I am definitely learning a lot with every new episode.
Advice and insight from the best in the business. Keep the episodes coming.